By Michael S. Derby June 30 (Reuters) – The Federal Reserve’s rebuild of money market liquidity is pointing to a quiet turn of the quarter, market participants say, as ample central bank cash depresses the volatility that often emerges around such calendar dates. Heading into the quarter-end, market participants do not see market pressure growing…
By Libby George LONDON, June 30 (Reuters) – More of the world’s central banks plan to cut dollar allocations than increase them in the coming decade as political risks associated with the U.S. currency rise, an OMFIF survey of public investors released on Tuesday showed. It is the first time the survey, carried out by…
GCC bond and sukuk markets have experienced a distinct “relief rally” since the signing of the Iran-U.S. ceasefire on April 8, steadily recovering from their sharp sell-offs in the weeks following the outbreak of the conflict at the end of February Many GCC US dollar sukuk (Islamic bond) and bond yields had widened to five-year high spreads by the end of March—the highest levels since…
Shell expects global LNG demand to reach nearly 700 million tonnes per year by 2050, up about 65% from 2025 levels, according to its latest LNG Outlook 2026. The energy major projects that around 180 million tonnes per year of new liquefaction capacity will come online by 2030, with additional investment required through the following…
US stock futures took a breather on Tuesday after a record-setting start to the week, as investors assessed concerns around a potential oil glut and the dollar’s growing strength. Dow Jones Industrial Average futures (YM=F) hovered above the flat line, after the blue-chip benchmark closed above 52,000 for the first time on Monday. Contracts on…
By Karen Brettell and Amanda Cooper NEW YORK, June 29 (Reuters) – The dollar dropped on Monday but remained near a 13-month high, supported by optimism over U.S. economic growth, the prospect of Federal Reserve interest rate hikes and a continuing AI-driven boom in U.S. equity markets that has been drawing in capital at a…
The dollar index (DXY00) on Monday fell by -0.26%. The dollar retreated as Monday’s stock rally curbed liquidity demand for the dollar. However, losses in the dollar were limited as Monday’s +2% jump in WTI crude oil prices has strengthened inflation expectations and could prompt the Fed to keep monetary policy tight, a supportive factor…
August WTI crude oil (CLQ26) on Monday closed up +1.52 (+2.20%), and August RBOB gasoline (RBQ26) closed up +0.0753 (+2.66%). Crude oil and gasoline prices settled sharply higher on Monday amid escalating tensions in the Strait of Hormuz, which have slowed the flow of oil tankers through the strait. Crude prices also found support on…
JPMorgan Chase (NYSE: $JPM) has thrown its support behind the cryptocurrency legislation that’s winding its way through Congress but warned of risks posed from “shadow banking.” In a blog post, JPMorgan, which is the world’s biggest commercial bank, said it is backing efforts to establish a U.S. regulatory framework for digital assets, but emphasized the…
Following the June 2026 primary elections in NYC, in which democratic socialist Mayor Mamdani’s preferred slate enjoyed considerable electoral success, much has been written about the political implications. Our take is really simple. The last time the democratic socialists gained power, especially in major US cities, many of their policies were adopted by Progressives or…
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